Items and Accounts

I'm new to all this accounting stuff ... so be gentle, please. I'd welcome materials to read, web or other.

I'm a sole proprietor consultant. I want to track reimbursable expenses and associate them with invoices. Sometimes, then, I discount them back out.

My CoA looks like this:

4900 reimbursed expenses -- income 4901 air 4902 hotel ...

5000 Project Related Costs -- COGS

5100 ?? 5200 Reimbursable Expenses - COGS

Then I was thinking that I could log the expenses under 5200 (probably expanding to add air hotel and such), and associate them with invoices. (i'm not planning to use jobs)

Advice, please?

Thanks,

Reply to
Ron Jeffries
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